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20121210
20121210
Search Results 0 to 11 of about 12 (some duplicates have been removed)
up last meeting for 2012 with another press conference from ben bernanke. wednesday is his birthday, happy 59th mr. chairman. november retail sales report will be out on wednesday as is the first of two inflation indicators, tracks prices at the whole sale level and followed up on friday with the consumer price index which follows. finally, if you are on this list, it doesn't set you apart. professional networking site linkedin released 2012's most overused bud words on profiles. they are being used so often they lose significance with hiring manager. analyzing 187 million profiles around the globe. creative is the top offender in the united states as well as seven other countries. rounding out the rest of the top fire, organizational, effective, motivated and extensive experience. using buzz words in an effort to land your dream gig can be a buzz kill, just fyi. my guest next week, grover nor quist. we'll get an update on where we stand with the fiscal cliff negotiation. keep it here where wall street meets main street. i'll see you again next weekend. bp has paid over twenty-three
more can chairman ben bernanke and company do to reassure the market. a senior economist joins us. we know ben bernanke has been. warning us for months. the fed is doing everything it possibly can to pointing the finger at washington that it has to do more. do you think the economy has already suffered for lack of a deal to avoid the fiscal cliff? >> i think so. if we look at business investments declining in the third quarter, some as business nervousness. businesses are holding back on investment, near-term. lori: do agree the fittest and all they all they can in expecting an announcement of wanted it using three this week? the fed cannot solve this problem. >> they need to avoid most of the spending cuts and tax increases with economy likely to go under recession. the fed can help out somewhat but if we see those spending cuts and tax increases, we're likely to see it go back and ino recession. lori: purchasing the short-term, we invest in the long-term help in the mortgage market. we have seen a real those haitian, is it fair to say it has helped those housing in the economy? >> a
of economic data we're told. federal reserve chairman ben bernanke as he kicks off a two day fed meeting and also, watching to see if any more details coming at the meeting we started between the fox report and house speaker boehner and we'll learn if nell they'll tell us about the fiscal cliff. >> and christmas cards and decorating trees and all that, i'm still not happy. >> was is charlie brown depressed? may maybe-- greg gutfeld weighs on the double standard. and-- >> we're going to have to see the rates on the top 2% go up and we're not going to get a deal without it. >> virginia congressman on whether the president is willing to go over the fiscal cliff so he can blame the g.o.p. >> plus, olympic gold medal winning gabby douglas on the role of faith in her triumph. ladies and gentlemen, governor mike huckabee. [applaus [applause] >> thank you very much, great audience. welcome to huckabee from the fox news studios in new york city. [applause]. well for the past few weeks, i've traveled to about 48 city signing dear chandler, dear scarlet and i met several thousand who watched the s
're doing to try to derate. a liz i week of economic data we're told. federal reserve chairman ben bernanke as he kicks off a two day fed meeting and
're also going to have to talk more about ben bernanke. if we go off the fiscal cliff, it shows the irony of how the feds balance sheets isn't addressing the problem. it isn't addressing unemployment. one hand of the government is trying to do something that isn't working and the other hand is shooting in the foot. i think this is going to be interesting listening to bernanke on wednesday. >> ben has already put it out there there's not a lot the fed can do if we go off the fiscal cliff. you speak to a lot of smart people, rick santelli. >> and he's a smart person as well. >> to feel it's going to be a year of strong dollar or weaker dollar. i ask this because so many companies during their latest earning season have pointed to the strong dollar as a real problem for them if they're a multinational. >> i think the relationship between all the developed countries using printing presses like the dollar, yen, euro, are close to levels and ranges we'll see next year. i think in some of the asian currencies we need to pay more attention to. you can only swim so far in a round pool without bang
and that fed decision along with ben bernan bernanke's news conference. theirs, jobless claims and november sales on ppi. on friday, we'll get consumer prices and industrial production. check in now on european markets, the ftse mib now at session lows down .6%. ibex 35 in spain also an underperformer. it was down greater than 2%. it's just shy of that level now. portugal seeing weakness as investors show some concern about the periphery in light of political news this morning and u.s. investors are feeling a strong hit. after a strong session on friday, they're giving up some of those gains. dow is looking to shed about 34 points now, similar decline for the nasdaq and the sep. let's head over to michael gurka. good monday morning, i should say. we're not necessarily starting off with a great tone this week. what do you expect to be the key theme here? >> well, you know what? you can never dismiss the fed meeting, especially at this time of the year considering what is in front of us. but, you know, the expectations are clearly that it's a lot of unchanged scenario in the vernacular from t
chairman ben bernanke makes any comments about that. when he concludes at the conclusion of the two-day fed meeting occurring on tuesday and wednesday. again, dow industrials for the third day in a row looks like it is held to double digit range. today's range is about 56 points. let's look at a couple of dow movers. mcdonald's from the better than expected saim stores sells. weakness we are seeing in home depot along with other details sales numberes. but we continue to see strength in tech. dow and hewlitt packard with a possible break up of that firm. since november about the middle of november, when they hit a 52-week low, all of this despite weakness in apple, this group continues to perform very, very well. energy stocks higher earlier, drifting lower, that has the dow's lead from the highs of the session. lastly we want to note that dovert corporation, took the stock down a couple of points. >> no t.o. the nasdaq now, everybody is talking about apple once again down here, but there is a lot more happening at the nasdaq than just apple today. >> absolutely. but let's lead with apple.
. and also you have this concern happening in japan. we have this week, ben bernanke and the fed will meet at a two-day fed meeting. a lot of people are hoping to hear from the federal reserve chief that there will be some kind of on going stimulus in the form of, you know, bond buybacks or something. we'll be looking to see what he has to say about the economy. this is another big uncertainty in the markets for the week. you know, this comes after consumer spending showing as "the wall street journal" set this morning, consumer spending, consumer confidence wabbling. this is europe concerns. we're seeing that consumer heading into the end of the year is starting to get a little more nervous about where we're headed here. now fiscal cliffs and payroll, fiscal cliff has a lot to do with this. the american payroll association this is the trade group for all of the small business who's are doing payrolls, you know, paying you. they say the fiscal cliff really isn't january 1st. their fiscal cliff is december 14th. that's the time they need to have the software changed to make sure the tax cha
is all about and that's why ben bernanke cannot put the phrase. guest: as exactly right, we have two very different problems. the only reason we're talking about the second issue is politics. this is the politics of the moment tromping economic common sense which is a dangerous combination. guest: the fiscal solution is a fig leaf to allow members of congress to say we're going to spend so the spending cuts and tax increases and let the deficit be $500 billion higher. host: the debt is at $16.30 trillion and has increased $4 trillion over the last four years. the present and congress will say that over the next 10 years, we will get it back to where was in 2009, correct? guest: that is fundamentally not good enough. countries with our level of indebtedness grow more slowly and they have a higher chance of some sort of fiscal crisis. we should not mess with either one of those things. i would like to see an aggressive reform of the spending programs. with the spending programs to really see that not just get back to where it was, but also to start going down. that does not happen with the
the great recession. that said, that awareness, that recognition that ben bernanke and former cea lazear should not undermine that we face temporary or futures skills gaps but there is three reasons we should be focused on this. number one, even the unemployment today that is fundamentally about cyclical demand can easily become the next structural skills problem of the future. we know that one of the challenges we face right now in our economy is not just lowering unemployment, but lower and long-term unemployment, and that if we allow regions of our fellow citizens to stay unemployed for year or two years or longer, we know from study after study that they will have more trouble establishing a skill going forward. there will be a crisis for us in the country, but we will also be sitting by and letting a new structural skills gap expand because we're not taking enough efforts right now to get people back to work and deal with long-term unemployment. secondly, there's clearly some immediate still a gap issues. you hear it in wilders, engineers, and we should be focused on that. third an
Search Results 0 to 11 of about 12 (some duplicates have been removed)